By Cary Haggard, Protiviti
Even in a downward economy, most companies continue to go through some type of enterprise resource planning (ERP) systems implementation, including system enhancements and upgrades. Risk and control considerations within enterprise system projects are often an afterthought or even overlooked. Sarbanes-Oxley Section 404 and changes in financial reporting standards, including International Financial Reporting Standards (IFRS), are bringing risk management and internal control considerations to the forefront of any major ERP system change program. This article discusses an endeavor that leveraged implementation methodologies to create a successful ERP “go-live” with control functions.